The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-05-26

September 5i-64d. buyers. Market steady.
400 p, m.-Futures: Uplands, low middling
clause, May delivery 5o-64d, sellers; May and
June 50-6id sellers; June and July 5l-64d,
sellers; July and August 52-64d. sellers; Au-
gust and September 53-64d, sellers; September
ana October 446id, sellers; October and No
vember 34-64d sellers; November and Decem-
Der al-e4d, buyers; September 54-6id, sellers.
Market closed dull
MANCHESTER, May 25.-The Guardian says:
Business is worse. Not only is the advance
needed by producers quite infeasible, but the
tendency is otherwise. There has been no in
crease in the demand even at Fridays lowest
rates. Producers are being ground between
dwindling trade here and firm cotton market
in Liverpool Spinners are doubtless getting
worsted The supply of yarns is abundant.
Some spinners will continue working full time
even at q cost of increasing their stocks. Others
are ceasing, and during the next fortnight the
production of yarn VIII be much lessened.
Affairs in the manufacturing department are in
much better condition than in the spinning de-
partment, and orders are booked to extend
further forward. Most of the margins are
more remunerative, and the demand, though
poor, is better than in the spinning sections.
Still manufacturers are perpleXed about en-
ployment for their machinery and are leSsening
production. Yarns are dull all round. There
are fewinquiries for export. Prices offered are
a little below Fridays lowest rates. Cloth sales
are exceedingly light. The India trade has not
improved. For China there is small business
at Fridays lowest rates, Best printing cloths
and heavy goods are weaker"
New YORK, May p, noon.-Cotton opened
firm; middling uplandS II 1-16c, middling Or
leans 11Iac: sales 405 bales.
Futures-Market steady, with sales as follows:
May delivery 10 96c, June 10 91c, July II Ole.
August II Olc. September 10 Sic, October 10 Csc.
500 p. m.-Market closed firm; mddling
uplands II Lice, middling Orleans 1114c; sales
to-day l, 146 bales; gross receipts !, Dos bales
Futures-Market closed steady, with sales of
10000 bales, as follows: May delivery 10 $50
10 96c, June 10 96@10 &c, July II O0Qll Ole,
August II 04c, September 10 76@10 nc, October
OSn ,hay.
10 1910 zoe.
Green & Co IS report on cotton futures says:
After considerable animation and frequent
fluctuations, during which August sold down to
II Ole, the market finally closed within a frac-
ton of last evening and apparently firm. The
movement appeared to be largely of aspecula-
tive battle only, in which the longs on one side
were disposed to take profits and sell out with
a natural weakening tendency, combatted by
Southern and European syndicates who took the
supply whenever it commenced to act welghty.
GALVESTON May 25.-Cotton firm; middlng
10 9-16c; net receipts 40 bales, gross 40; sales
% bales; stock 029 bales; exports coastwise 577
bales.
NORFOLK May 25-Cotton firm; 'middlng
10 1516c; net receipts 81 bales, gross 81; sales
Il bales; stock 4,505 bales; exports, coastwise
10S bales
BALTIMORE May 25.-Cotton firm; middling
1115c; net receipts 200 bales, gross 200. stock
5,i33 bales; sales to spinners 80 bales; exports,
to the continent 200 bales, coastwise 400.
Boston. May 25.-Cotton steady; middlng
11]sc; net receipts 752 bales, gross 1915; sales
WILMINGTON, May 25.-Cotton firm; mid
ding 1031c; net receipts II bales, gross III sales
none; stock l ,S33 bales.
PHILADELPHIA, May 25.-Cotton firm; mid
ding Ike; net receipts 365 bales, gross 1855;
stock "a, 1924 bales.
New ORLEANS, May 25.-Cotton quiet but firm;
middling l0@sc; net receipts Sll bales, gross COO
sales $50 bales; stock 1855 bales; exports, to
the continent i 800 bales, coastwise 1855.
MOBILE. May 25.-Cotton firm middling 10lac;
net receipts bales, gross 4; sales 100 bales;
stock ,746 bales.
MEMPHIS, May 2S.-Cotton firm; midding
107Sc; receipts As bales; shipments $50 bales
sales $50 bales; stock 1855 bales.
AUGUSTA, May 25.-Cotton firm; middling
1034c; receipts II bales; sales y bales
CHARLESTON, May 25.-Cotton quiet but firm
middling 10I9c; net receipts 175 bales gross IT'S;
sales none; stock 751 bales; exports, coastwise
1869 bales.
ATLANTA, May 25-Cotton- middIing 1O1sc; re
ceiptS none.
New YoRK, May 25.-ConsoIidated net re-
ceipts for all cotton ports to-day 1627 bales; ex
ports, to Great Britain bales, to the continent
1900; stock at all American ports 359,497 bales
PROVISIONS. GROCERIES. ETC
LIVERPOOL Blay %, 1870 p. m.-Wheat quiet
but steady; demand poor; holders offer moder-
ately. Corn quiet; demand poor; new mixed
Western 4s i'd Tallow fine American pa Cd:
firm Wheat better Corn easier Pork steady;
mess S16 OO@1G 25. Lard easier at So 95. Freights
quiet but steady
800. p m.-Flour: Southern quiet. Wheat
a shade stronger and fairly active; No 2 red
May delivery 961k6b97c, July 9614 @967sc. Corn
spot firm and moderately active; speculation
very quiet; No, 9 May delivery 4712c, July 4S1a
No. :, May delivery S315c, July 83l9Q333sc
Hops dull; State 10000 Coffee fair Rio
steady at 20lSc; No, z Rio, May delivery IS 500
firm; refined quiet but steadyaC 41fa,45sc;,
extra C 494694?$c, off A 51sGJ5 3-16c, mould A
5 13-16G3555c, standard A 5 7-16c, confectioners
A 554c, cut loaf and crushed 616c, graduated
5%c. Moasses steady. Cotton seed oil-3319c
for crude, 40c for refined. Hides quiet but firm
New Orleans selected 45 to 60 pounds, 9l5c. Wool
quiet; domestic fleece 30@37c, pulled 14@14S4c;
Texas 9Gf2lc Pork quiet and unchanged, Beef
dull Mddles dull and nominal. Lard 2@4 points
lower but fairly active: Western steam ~ $40
8 90, July delivery 81 O007 on. Freights firm
cotton, per steam, 1-16d wheat, 2Ad.
CHICAGO, May pa repetition of yesterdays
closing scene, when short sellers went home
exultant at having broken through the defense
the clique had around the Sc peg for June
wheat, was avoided this morning. More brokers
were placed in the pit, and in order to raid to-
great deal more wheat The clique brokers had
unlimited orders to buy June wheat, and they
took all the crowd would sell them. They
allowed a few parties to settle their June con-
tracts at $50, but only those were allowed to
settle who had it sold to them lower down, so
that the settlement brought little profit for
LDe Clique. NsOSSlp Sdlu p-.ONW,uUb III cur
rency was started from Cincinnati last night.
June wheat opened NC higher at SIC, and re-
manned about that figure throughout the day,
closing at S84c. The wheat indication was
changed from June to July option this morning,
but June still remains the more active option.
July also opened NC higher at s61sc, hung steady
around a6ssGDS61@c during the day, and closed
at s6z6c. Trading in June and July was only
moderate during the latter part of the session.
July corn opened a shade firmer at 4016c, but
prospects of large receipts made it weaker, and
It sold down In the first hour to 3934c. Later in
the day large purchases firIned it up, and July
closed at 40@o401sc It developed shortly after
the corn market opened that the clique brokers
were In the pit, and We're holding up June In or
der to get rid Of the balance of the clque's p,ir
chases of that month, which were made over
month ago, and which it was the general belief
had all been marketed. June corn opened at
3s!t6c and closed at the same figure. July ribs
opened Sc lower at 81 90 and sold up during the
morning to 81 80, and remained at that figure
until the close. July lard opened at S6 rs and
closed at So IN. Both commodities were dull
and featureless.
The following were the cash quotations:
Flour unchanged and firm. Wheat, No. spring
S716MS7ssc; No. spring 79Q,Slc; No. red size.
Corn, No. 2, 373SQo3Sc Oats, No. 2, 26c Mess
pork S23 Lard So 80. Short rib sides, loose
s. 15Gl7 1716. Dry salted shoulders, boxed So 40
as 20; short clear sides, boxed S. G00I7 IS.
Whisky 81 ~.
Leading futures ranged as follows:
Opening Highest. Closing.
No 2 wHEAT--
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